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REQUEST FOR COUNCIL ACTION <br />AGENDA SECTION' ORIGINATING DEPT, /DIV.: <br />Reports & Recommendations Adm <br />ITEM NO.'. ITEM DESCRIPTION! Loan to Municipal Band - Extension <br />MEETING 12-22-80 <br />DATE'. <br />, ea'a, <br />1EPT. HEAD APP"ROVAL7 <br />Previously the Council approved a loan to the Municipal Band in the amount of $10,000 <br />for purposes of providing advance funds for the Ireland Tour. These funds were to be <br />repaid by November 30, 1979. The several fund raisers scheduled did not generate the <br />amount of revenue anticipated by that date, and the Council on March 24, 1980, grante <br />the Municipal Band an extension to July 31, 1000800 1 <br />The Municipal Band has now repaid $4,500 on this loan and are asking for an extension <br />to March 17, 1981, for final payment on this loan. This i's the date of their largest <br />fund raiser, the St. Patrick's Day Dinnerl <br />80% <br />7� <br />